The Nigerian Content Development and Monitoring Board has announced the setting up of a $20million loan scheme to support women in business especially in the oil and gas sector.
In his remarks, Wabote stated that the mandate of the Board has always been the need to promote local content in every sphere of the oil and gas sector. According to Wabote, “The basic aim of the NCCF is to seek how to harness ideas and collaborative efforts for women development with basic emphasis in the oil and gas sector which is why I need to emphasize that this is a purely professional group and not a political group that will begin to advocate for political offices or positions for women.Speaking further on the need for funding in the local content sector, he said the agency was committed fully in that aspect.
She added that, “The group has four key pillars of which centers on how to impact the lives of women in the sector as well as research to know the current data of women participation as there is no confirmed data yet,”